Rosbank automates settlement and credit service of legal entities

2020: Automation of settlement and credit service of legal entities

Rosbank and Diasoft implement the large-scale project on replacement of a core-system of bank for automation of settlement and credit service of legal entities. Diasoft reported about it on January 21, 2021.

The updated corporate platform of Rosbank – Digital Q Consumer and Corporate Products from Diasoft – will be replicated on all bank departments. Its functionality will allow Rosbank to implement strategic plans on expansion of business regarding crediting and maintaining bank account agreements of legal entities.

In November and December, 2020 partners started the product "The Credits for Legal Entities" developed on the platform of business development Digital Q Consumer and Corporate Products from Diasoft in two branches of Rosbank. In 2021 replication of the solution and product introduction on maintaining bank account agreements on all geographically distributed offices is planned.

Integration of a back office from Diasoft in an IT landscape of bank is implemented using the solution constructed in microservice architecture and unrolled on a relevant technology stack.

The solution of Diasoft creates additional opportunities for process optimization of support of loan agreements of corporate clients and reduces time to market of new products. The updated platform will allow to accelerate carrying out registration procedures and to implement strategic plans of Rosbank on scaling of corporate business, – Kirill Pokladov, the director of the department of IT of corporate, investment and depository business of Rosbank comments.

Replacement of a back office system in bank is a rare story when all attention of the market is directed towards digital transformation. But business development, especially in such sensitive segment as work with corporate clients, it is difficult to present without the qualitative base in the form of the functional and productive platform. All important technology changes begin with this stage, – Alexander Gentsis, the board member of Diasoft says.